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Message Boards Settings Ellsworth Conv. Growth (ECF) - Quote Info
5 Day VWAP     22-Nov-03 08:00 am    
Ellsworth has announced the volume weighted average price for the 5 day period used to price the offering. Turns out it was 7.926, netting a clearance price of 7.53 for subscribers.

Pretty successful for the fund, as dilution was well contained. NAV charge will be only slighly more than 2%. Subscribers actually wind up with a 6.8% discount from the close. Looks like a win-win for all.
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  Subject Author Rating Time of Post (ET)  
 
5 Day VWAP
quality111_... Not rated 22-Nov-03 08:00 am  
 
I agree, it was successful for the company and sha...
mountainmik... Rate it 24-Nov-03 11:40 am  
 
You bet it was successful. My broker charged...
Sluggo1988 Rate it 26-Nov-03 11:11 am  
 
Not excercising your rights on BCV or EC...
mountainmik... Rate it 26-Nov-03 11:37 am  
 
The excess charges will be refunded at t...
quality111_... Rate it 26-Nov-03 06:32 pm  
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Ellsworth Fund Ltd. (ECF)

Chart for Ellsworth Fund Ltd. (ECF)
At 4:00PM ET: 6.5596 Up 0.0271 (0.41%)
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